Project Info

Project Code
2124B
Tranche
T13
Tranche Type
Regular
Status
Active
Title
Frontier Technology Policy Experimentation and Regulatory Sandboxes in Asia and the Pacific

Entities

Implementing Entity (Lead)
DESA
Jointly Implementing DA Entities
ESCAP
Other Collaborating Entities
Other UN entities

Financial and Evaluation Info

Total Budget
$648,000.00
Project Selected for Evaluation
No

Countries and Regions

Countries or Areas: Bangladesh, Kazakhstan, Maldives
Regions: Asia
Sub-Regions:
Intermediate Regions:
Countries in Special Situations: Land Locked Developing Countries (LLDC), Least Developed Countries (LDC), Small Island Developing States (SIDS)

Areas of Work

SDG
9
16
17
SDG Targets
9.1
9.b
9.c
16.6
17.6

Brief Description

The objective of this Project is to enhance the institutional capacity of selected countries in special situations, namely the: (i) least developed countries (LDCs); (ii) landlocked developing countries (LLDC); and (iii) small island developing States (SIDS), to understand and develop policy experimentation and/or regulatory sandboxes on new technologies as an innovative and catalytic approach to accelerate the progress of the 2030 Agenda for Sustainable Development. The evidence of the result, if achieved, will include target countries having demonstrated ability to identify and establish the means for policy experimentation and/or regulatory sandboxes, that may also translate into policy documents or implementation strategies, in draft or working versions, including through multistakeholder engagement with the private sector and the civil society.

Objective and Expected Outcomes

Objective
To strengthen the institutional capacity of target countries (in special situations) in Asia and the Pacific, to conceptualize, develop and implement policy experimentation and/or regulatory sandboxes on new technologies, as an innovative and catalytic approach to accelerate the progress of the 2030 Agenda for Sustainable Development
Expected Outcome 1
Enhanced institutional capacity of selected countries to identify opportunities and gaps (institutional, policy, regulatory, and infrastructure support) on policy experimentation and regulatory sandboxes in new technologies, and where relevant, in support of COVID-19 response and/or recovery
Expected Outcome 2
Improved capacity of target countries to conceptualize and implement pragmatic solutions on operationalizing policy experimentation and regulatory sandboxes in new technologies, in specific areas/sectors related to SDG targets, and COVID-19 recovery, where appropriate
Expected Outcome 3
Enhanced global and regional dialogue and cooperation among countries and stakeholders on policy experimentation and regulatory sandboxes in new technologies; for possible scale-up and replication in other countries.